Buffett donates nearly $2.9 billion to Gates charity and four others
(Reuters) – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, has donated another roughly $2.86 billion of his holdings in the company’s stock to the Bill & Melinda Gates Foundation and four family charities, as part of his plan to give away nearly his entire fortune.
San Francisco officer involved in shooting to move from reform bureau
SAN FRANCISCO (Reuters) – A San Francisco police sergeant involved the deadly shooting of a homeless man will no longer work in a unit set up to oversee reforms of the department, which has been under fire over a string of police shootings and racist t…
Massachusetts regulator to advisers: tell clients if you use a robo
NEW YORK (Reuters) – Massachusetts’ top securities regulator on Thursday issued a regulatory notice to the state’s roughly 700 registered investment advisers that if they use robo advisers, they must tell clients and explain the fees charged.
Maryland man faces weapons charges in firefighters’ shooting
WASHINGTON (Reuters) – A Maryland man suspected of shooting dead a firefighter and wounding another in April has been indicted on weapons charges, a prosecutor said on Thursday.
‘Bridgegate’ figure admits graft in United Airlines case
NEWARK, N.J. (Reuters) – A close confidant of New Jersey Governor Chris Christie pleaded guilty on Thursday to his role in a bribery scheme involving United Airlines, in a case that emerged from the federal investigation into the “Bridgegate” scandal.
Analysis predicts $7.8 billion deficit for Illinois despite budget deal
CHICAGO (Reuters) – Illinois’ newly passed stopgap budget for the first half of the fiscal 2017 budget year means expenses will outstrip revenues by a record-setting $7.8 billion, a legislative analysis showed on Thursday.
Ex-drug executive Shkreli to face U.S. fraud trial in June 2017
NEW YORK (Reuters) – Martin Shkreli, the former pharmaceutical executive who last year became a lightning rod for criticism of soaring prescription drug prices, is now scheduled to go on trial in June 2017 in the U.S. government’s securities fraud case…
Toys “R” Us employee pleads guilty in $2 million debit card theft
NEW YORK (Reuters) – A Toys “R” Us employee pleaded guilty in a Brooklyn, New York federal court on Thursday to a criminal fraud charge, after being accused of stealing nearly $2 million meant to help truck drivers cover their costs and putting it on a…
Energy companies spend big to fight Colorado ballot initiatives
HOUSTON (Reuters) – Energy companies in Colorado are spending millions of dollars to derail a push by environmentalists to put measures on November’s ballot that would stifle oil and gas drilling in the state, according to a Reuters review of campaign …
Columbia University to pay $9.5 million in U.S. civil fraud case
NEW YORK (Reuters) – Columbia University will pay $9.5 million to resolve claims by the U.S. government that it improperly sought excessive cost recovery in connection with federal research grants, authorities announced on Thursday.
